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information. Based on the 6/30/21 financials, it puts our deficit (money needed to pay bills) at $565M which is close, <br />although not exactly at, the unrestricted net position balance at the same period per the above. Their breakdown is <br />useful, although because of pandemic funds and an increasing investment market, our 6/30/22 1 expect will be <br />better. Truth in Accounting grades us as a D.... and at 50t" in the nation out of 75 (#1 is best btw). <br />Even though I say that each resident's share of the city's deficit is about $1500, they have it pegged at $5600. Their <br />population basis is only those in the city that have a positive federal tax burden per the IRS. I believe for our city, that <br />reducing the spread of the burden from about 300K people to only about 100K people. I personally think that is not <br />appropriate to spread the city debt burden across all residents though for a city especially because our city revenue is <br />driven more by sales tax, property taxes, and other non -income tax related items. The theme is the same though ... each <br />of us is in debt and we don't even know it. <br />Here is their analysis of our city: <br />